Our policy approach is guided by the following principles.
- Improve the accessibility and affordability of advice for all Australians
- Support measures that deliver a more sustainable and diverse financial advice profession, while engendering trust and confidence
- Reduce regulatory complexity and enhance innovation
- Promote the role and value of platforms and choice in the delivery of financial advice
- Place the interests of consumers first
Together, these principles aim to ensure Australians can access high-quality financial advice that supports their long-term financial wellbeing and retirement security.
The FSC has released a White Paper exploring opportunities to modernise Australia's financial advice licensing framework, with the aim of strengthening consumer protection, supporting a diverse and professional advice sector, and ensuring the regulatory model remains fit for purpose in a changing environment.
